The Wesley Walla Walla

Highlights:

• 13.45% Cap Rate, 36.31% ROI & 4.34 GRM
• Seller Financing Available
• Located One Block From Downtown
• Outdoor Meeting & Event Space
• Suites, Rooms, & Guest House
• On-Site Owner's Quarters
• Beautifully Updated Throughout

Description:

Back On Market!

Downtown Owner-Operated Property With Seller Financing

The Wesley Walla Walla is a turn-key, independent boutique hotel in downtown Walla Walla, Washington. This tastefully updated upscale, limited-service property features 12 Keys, including a detached house, “PoplarPlace,” an English Cottage. The hotel features a guest room mix of King and Queen Suites, a Penthouse, a 2-bedroom flat, and a guest cottage. The main house features a basement wine cellar and an additional guest lounge “speakeasy.” Suite 1C, Penthouse, or PoplarPlace would be suitable for on-site Owner’s/Manager’s quarters if desired. This property features seller financing with the potential for new ownership to be in place for Summer Revenue.

The Wesley is situated on ~0.41 acres and offers guests resort-style amenities and potential wedding/event space. Amenities include covered cabana areas, a swim spa, a plunge pool, a grill, dining areas, and ample seating. Strategically positioned just one block off downtown, The Wesley offers the best of both worlds: a private and serene environment within walking distance from restaurants, tasting rooms, shopping, and sightseeing.

Walla Walla, situated in southeastern Washington, is the heart of the state’s wine country, boasting over 130 wineries. This city is gaining national recognition not only for its wine but also for its expanding culinary, arts, and entertainment sectors. The presence of galleries, boutique stores, colleges, and a historic downtown further enrich the community’s appeal. Walla Walla is accessible by a scenic four-hour drive from Seattle, Portland, or Boise, offering a variety of outdoor activities such as hiking, biking, camping, fishing, rafting, kayaking, and skiing. Enhanced by daily non-stop flights from Seattle via Alaska Airlines, Walla Walla is increasingly popular as a weekend destination for residents of major metropolitan areas.

Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!

Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.

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